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There was and is considerable controversy over who benefited from the tax.

Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent.

[28] The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by abouttrillion between and [29]Estimated Reading Time: 12 mins. Following the President's tax relief, the United States had 52 months of uninterrupted job growth, the longest run on record. President Bush Signed The Largest Tax Relief In A Generation. President Bush's tax cuts providedtrillion in relief through Aug 18, The Democratic Party, led by President Obama, is making the argument that the Bush tax cuts of 20caused the recession of Some campaign talking points are “Driving us in a ditch We’ve tried their way and it didn’t work Tax cuts for the wealthy led to the recession Returning to the failed policies of the past”.Estimated Reading Time: 8 mins.

Sep 03, The Bush Tax Cuts and the Economy Congressional Research Service Summary A series of tax cuts were enacted early in the George W. Bush Administration by the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA; P.L.

) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA; P.L. ). These tax cuts, which areCited by: 1. Oct 23, The biggest tax policy changes enacted under President George W. Bush were the 20tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).

High-income taxpayers benefitted most from.